ELS

Equity Lifestyle Properties

Real Estate REIT - Residential NYSE

About the company

Equity Lifestyle Properties, commonly known as ELS, is a prominent real estate investment trust (REIT) in the United States that specializes in the ownership and operation of manufactured housing communities, residential vehicle (RV) communities, and marinas. With a diverse and geographically dispersed portfolio, ELS has become a leading player in the industry, catering to the growing demand for affordable and desirable housing options. Currently, ELS boasts an impressive portfolio of approximately 450 properties across the country, strategically located in some of the most desirable retirement destinations. The Sunbelt region, known for its warm climate and attractive lifestyle, holds a particular allure for retirees seeking a comfortable and active life after long years of hard work. ELS has recognized this trend and has focused on capitalizing on it by concentrating 34% of its properties in Florida, 11% in California, and 10% in Arizona. These states are renowned for their beautiful landscapes, abundant recreational opportunities, and thriving retirement communities. The allure of ELS's properties can be attributed to their well-planned and meticulously executed designs. The communities are often nestled amidst picturesque surroundings, providing residents with an oasis of tranquility and natural beauty. Whether it's a charming manufactured home community with lush green spaces, palm-lined RV parks, or waterfront marinas with stunning coastal views, ELS ensures that its properties offer an idyllic living experience to its residents. A key aspect of ELS's strategy is its focus on catering to the needs and preferences of the aging population. Over 70% of the company's properties are either age-restricted or have an average resident age over 55, tapping into the rapidly growing retiree demographic. ELS recognizes that retirees seek communities that offer a sense of belonging, a vibrant social life, and convenient amenities. To meet these expectations, ELS's properties often feature a wide range of amenities such as clubhouses, fitness centers, swimming pools, golf courses, walking trails, and organized social activities. These amenities not only enhance the quality of life for residents but also foster a strong sense of community and belonging. ELs's commitment to excellence extends beyond the initial purchase of properties. The company takes pride in its diligent property management approach, ensuring that the communities are well-maintained and operate smoothly. Their on-site management teams provide excellent customer service, promptly addressing any concerns or issues that arise. Additionally, ELS focuses on maintaining strong relationships with its residents and fostering a sense of community through regular communication, resident events, and feedback mechanisms. As the demand for affordable housing options continues to rise, ELS is well-positioned to capitalize on this trend. By focusing on attractive retirement destinations and catering to the needs of the aging population, the company has carved a niche for itself in the industry. ELS's portfolio expansion, strategic acquisitions, and commitment to top-notch management ensure that it remains a leading player in the residential REIT sector. In conclusion, Equity Lifestyle Properties has established itself as a market leader in the residential real estate sector, specifically in the manufactured housing, RV communities, and marina segments. With its carefully selected portfolio of properties in desirable retirement destinations and a commitment to providing excellent amenities and management, ELS continues to meet the demands of retirees seeking an active and fulfilling lifestyle in their golden years.

Website: https://www.equitylifestyleproperties.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Real Estate · 299 peers in sector

Metric ELS Sector median Vs. industry
P/E 30.39 26.16 ↑ Above average
EPS 2.00 USD 0.38 USD ↑ Above average
Dividend yield 3.38% 4.03% ↓ Below average
Profit margin 24.97% 9.79% ↑ Above average
ROE 21.85% 3.61% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Equity Lifestyle Properties?
Equity Lifestyle Properties, commonly known as ELS, is a prominent real estate investment trust (REIT) in the United States that specializes in the ownership and operation of manufactured housing communities, residential vehicle (RV) communities, and marinas. With a diverse and geographically dispersed portfolio, ELS has become a leading player in the industry, catering to the growing demand for affordable and desirable housing options. Currently, ELS boasts an impressive portfolio of approximately 450 properties across the country, strategically located in some of the most desirable retirement destinations. The Sunbelt region, known for its warm climate and attractive lifestyle, holds a particular allure for retirees seeking a comfortable and active life after long years of hard work. ELS has recognized this trend and has focused on capitalizing on it by concentrating 34% of its properties in Florida, 11% in California, and 10% in Arizona. These states are renowned for their beautiful landscapes, abundant recreational opportunities, and thriving retirement communities. The allure of ELS's properties can be attributed to their well-planned and meticulously executed designs. The communities are often nestled amidst picturesque surroundings, providing residents with an oasis of tranquility and natural beauty. Whether it's a charming manufactured home community with lush green spaces, palm-lined RV parks, or waterfront marinas with stunning coastal views, ELS ensures that its properties offer an idyllic living experience to its residents. A key aspect of ELS's strategy is its focus on catering to the needs and preferences of the aging population. Over 70% of the company's properties are either age-restricted or have an average resident age over 55, tapping into the rapidly growing retiree demographic. ELS recognizes that retirees seek communities that offer a sense of belonging, a vibrant social life, and convenient amenities. To meet these expectations, ELS's properties often feature a wide range of amenities such as clubhouses, fitness centers, swimming pools, golf courses, walking trails, and organized social activities. These amenities not only enhance the quality of life for residents but also foster a strong sense of community and belonging. ELs's commitment to excellence extends beyond the initial purchase of properties. The company takes pride in its diligent property management approach, ensuring that the communities are well-maintained and operate smoothly. Their on-site management teams provide excellent customer service, promptly addressing any concerns or issues that arise. Additionally, ELS focuses on maintaining strong relationships with its residents and fostering a sense of community through regular communication, resident events, and feedback mechanisms. As the demand for affordable housing options continues to rise, ELS is well-positioned to capitalize on this trend. By focusing on attractive retirement destinations and catering to the needs of the aging population, the company has carved a niche for itself in the industry. ELS's portfolio expansion, strategic acquisitions, and commitment to top-notch management ensure that it remains a leading player in the residential REIT sector. In conclusion, Equity Lifestyle Properties has established itself as a market leader in the residential real estate sector, specifically in the manufactured housing, RV communities, and marina segments. With its carefully selected portfolio of properties in desirable retirement destinations and a commitment to providing excellent amenities and management, ELS continues to meet the demands of retirees seeking an active and fulfilling lifestyle in their golden years.
Are Equity Lifestyle Properties shares expensive?
The price-to-earnings (P/E) ratio of Equity Lifestyle Properties is 30.39 — the share price is 30.39 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 26.16). This is information, not a recommendation. (as of 2026-06-02)
How big is Equity Lifestyle Properties?
The market capitalization of Equity Lifestyle Properties — the combined value of all its shares — is 12.18 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Equity Lifestyle Properties pay dividends?
The dividend yield of Equity Lifestyle Properties is 3.38% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Equity Lifestyle Properties belong to?
Equity Lifestyle Properties operates in the Real Estate sector, industry: REIT - Residential.

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